Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 3,156, 1,061 total housing units (homes and apartments), and a median house value of $4,501,447, Rancho Santa Fe house prices are not only among the most expensive in California, Rancho Santa Fe real estate also is some of the most expensive in all of America.
Rancho Santa Fe is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Rancho Santa Fe than is found in 98% of the communities in America.
The large homes that make up Rancho Santa Fe are primarily owner-occupied ( 85.30%).
There is a lot of housing in Rancho Santa Fe built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rancho Santa Fe built between 1940-1969 ( 35.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.91%). There's also some housing in Rancho Santa Fe built before 1939 ( 7.59%).
Vacant housing appears to be an issue in Rancho Santa Fe. Fully 20.23% of the housing stock is classified as vacant. Left unchecked, vacant Rancho Santa Fe homes and apartments can be a drag on the real estate market, holding Rancho Santa Fe real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Rancho Santa Fe has experienced some of the highest home appreciation rates of any community in the nation. Rancho Santa Fe real estate appreciated 121.87% over the last ten years, which is an average annual home appreciation rate of 8.30%, putting Rancho Santa Fe in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rancho Santa Fe definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Rancho Santa Fe that despite a nationwide downturn in the housing market, Rancho Santa Fe real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rancho Santa Fe appreciation rates continue to be some of the highest in America, at 10.15%, which is higher than appreciation rates in 88.05% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rancho Santa Fe. Rancho Santa Fe appreciation rates in the latest quarter were at 2.65%, which equates to an annual appreciation rate of 11.01%.
Relative to California, our data show that Rancho Santa Fe's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
$4,501,447
$6,573 / per month